GET READY. BACKTESTED. PIVOT IN PROGRESS. Three Drives to the Top! 4310 Double Top Coming.
BULLS LAST HURRAH.
BULLS LAST HURRAH.
Comment:
Arrived on schedule! Another chart fills in.
Trade active:
top of the first wave. peaked at noon and down all pm, no eod bounce. pullback incoming, might be deep. out longs.
Comment:
Yeah it's gettin there. See what we get. Lately market memory has been less than two sessions.
Trade active:
Cawls printed EOD after I had almost given up on them. LOTS 396+ above previous low 393. Looks like a 2nd EW.
IF this is a local low, Third Wave is coming. CPI Tues could tank it again, if it comes in hot. If not > Bullish!
IF this is a local low, Third Wave is coming. CPI Tues could tank it again, if it comes in hot. If not > Bullish!
Trade closed manually:
NOT getting a warm cozy feelin from the PA after JPow testimony slump, we did get a rally but it fades, secondary rally fades, looks... fadish. Closed my longs, risk-off.
Could be giving up gains but risk-off seems prudent.
Could be giving up gains but risk-off seems prudent.
Comment:
Looks, feels like a 'B' wave, a reaction rally with short legs, not running far. Pushback at 4K.